The US India Business Council (USIBC) has sought an increase in FDI cap in key sectors like insurance and defence in Modi government's maiden Budget to be presented tomorrow .
The government should raise the FDI cap in the defence sector to at least 51% in order to make the segment more attractive to foreign investors and reduce import dependence,
With growth trending below 5 per cent for two successive years, Finance Secretary Arvind Mayaram today said India would prefer the FDI route over FII inflows if overseas resources need
The foreign direct investment (FDI) into India has declined 26% to$ 1. 70 billion in April - the lowest in last five months according to the data of Department
A decision on hiking passenger fares and on allowing foreign direct investment in railways is likely to be taken before the Rail Budget, the government said today.
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The Narendra Modi-led government today committed to encouraging foreign direct investment (FDI) especially in sectors that create jobs and assets.
Foreign direct investment in the services sector declined by about 54 per cent year-on-year to $2. 22 billion last fiscal according to data from the Department of Industrial Policy
Prime Minister Narendra Modi's government could allow foreign direct investment in India's e-commerce sector as early as next month, paving the way for global online retailers such as Amazon (AMZN.
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William D. Green
Chairman & CEO, Accenture